I have given 2 months notice to my existing landlord and have to vacate my rented flat in Canonbury by the end of next month. Conveyancing on my purchase is underway. How realistic is it to complete in a couple of weeks as I wish to avoid having to move into temporary accommodation?
Generally one should not serve notice on a rental unless your lawyer suggests that you should. If you have not previously done so, update to your conveyancer and request that they apply pressure on the owners side, try to get a realistic time scale from them that everyone will aim to achieve
Our bank has suggested solicitors on their panel based in Canonbury but I would rather instruct a conveyancing lawyer in Canonbury local to me. Are you able to assist?
Far from all Canonbury conveyancing practitioners are approved and listed on all banks conveyancing panel. Use our find an approved solicitor tool to find a Canonbury conveyancing conveyancer on the on the lender panel.
I am the only beneficiary of my late father’s estate with all property in now in my sole name, including the house in Canonbury. Conveyancing formalities meant that the Land Registry date was in March. I now wish to sell up. I understand that there is a CML six month 'rule', which means that my property ownership may be considered the same way as though I had purchased the house in March. Do I have to wait 6 months to sell?
The Council of Mortgage Lenders’ handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be caught by that. How sensible a view mortgage companies take of it, depend on the lender as this obligation principally exists to capture the purchase and immediately sell or the flipping of properties.
My partner and I are at the point of looking at houses in Canonbury and I am now considering a potential offer. Should I already have a property lawyer appointed at this stage? I intend to finance via a mortgage with Leeds Building Society.
It would be advisable to start your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the EA. Given that you are obtaining a mortgage with Leeds Building Society, make sure you remember to check that your lawyer is on the Leeds Building Society conveyancing panel.
The formalities of my remortgage has taken place for my property in Canonbury. Conveyancing was satisfactory but I would like to complain about the lender. How does one go about formally complaining?
All lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Department at head office. Ordinarily complaints to a lender are sorted out very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
The deeds to my home are lost. The solicitors who handled the conveyancing in Canonbury 5 years ago are no longer around. What are my options?
Gone are the days when you need to hold title official documentation to prove you are the owner of your registered land or property, as the Land Registry hold details of all registered land or property electronically.
How does conveyancing in Canonbury differ for new build properties?
Most buyers of new build residence in Canonbury approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is completed. This is because house builders in Canonbury usually buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Canonbury or who has acted in the same development.
I am one month into a leasehold purchase having been directed to solicitors by the local agent to handle our conveyancing in Canonbury. I am not happy. Could you help me find new conveyancers?
They would have to be really poor to suggest replacing them. Has the loan offer been issued? If so you need to inform them of the new contact details and get the loan are re-issued. Your conveyancer should be on the mortgage company panel to avoid escalating fees and delays. That should be your first question of the new lawyers. The search tool can help you find a lender approved lawyer for your conveyancing in Canonbury